Up 45%, Is Carnival Stock Still Cruising?

Up 45%, Is Carnival Stock Still Cruising?

Cruise line operator Carnival (NYSE: CCL) came out of the gates hot in 2023, smoking the market with a 45% year-to-date share price gain. A few remaining red flags indicate that Carnival stock's recent momentum could be short-lived. You can see the massive declines in share price and enterprise value below.